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Millions of cryptocurrency investors have been scammed out of massive sums of real money. In 2018, losses from cryptocurrency-related crimes amounted to US$1.7 billion. The criminals use both old-fashioned and new-technology tactics to swindle their marks in schemes based on digital currencies exchanged through online databases called blockchains.

Facebook started rolling out a new tool in April 2019. Under updated procedures, the social media website would request ID verification for people who wish to advertise or promote political posts or ads. The announcement received very little publicity, but it can be interpreted as Facebook’s latest attempt to curb Russia’s anticipated interference in EU elections and prepare to manage any meddling in the 2020 US presidential elections.